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thousands . another sunshine warning in affect. >> steve: that is not good. it is a victory for capitalism but not everybody is happy. that is not wisconsin. it is the state of michigan taking on the organized unions. we'll tell you what just happened to the michigan workers. it changes everything. >> brian: really. big government goes to dogs like forcing flood lights in the yard . it is it happening on friday. "fox and friends" starts just about now. ♪ ♪ "fox and friends". >> gretchen: good morning, everybody. tgif. hopefully you will have a great friday as we move in the weekend. get christmas shopping done and put up the lights and your tree. >> brian: last week of the summer concert series. is it over. >> gretchen: break out your snow mobiles. i got ear must haves for you. steve, i have gloves. >> steve: they would match your outfit. >> gretchen: i know. >> steve: you just want to share. it is the season for sharing. >> gretchen: i am a wimp with the gold. i don't like it even though i grew up in minnesota. >> steve: it is winter and it was not cold we would be in trouble. >> bria
now. ♪ ♪ "fox and friends". >> steve: welcome to studio e and ho, ho, ho. the elves has been here and it looks like christmas. >> gretchen: i can't believe you went shop wrapping all of the gifts. you have so many skills i was not aware of >> chris: they are all empty and we saved the dough. >> brian: what these things. they are fine. >> gretchen: they're acrylic balls. >> steve: they are set pieces and like aquarium. >> gretchen: someone came in here and probably was sent a picture and decided how to customize. >> steve: we should see where marth stewart was late yesterday. it looks like someone did flocking had here. >> brian: i wouldn't be surprised if we didn't find out who was responsible. >> gretchen: maybe they will be secret for secret santa. we have to get to headlines that are not the best of the news. a navy seal killed in afghanistan, died in a risky mission to rescue a doctor and two colleagues abouted by the taliban. he was member of the seal team 6. there are many questions about what dr. joseph was doing in a dangerous place. his employer said they are committed to
died. we will have a live witness. >> steve: and a new tone set by democrats and it looks like this. a folks news contributor gets beaten up by a pro union protestors. steven crowder is live here to explain what happened in michigan. kaboom. >> brian: first we called him an owner and then a governor and then mr. president . soon someone might be able to call him grandpa. "fox and friends" will have that story. it starts now. ♪ "fox and friends". >> gretchen: good morning, everybody. we'll start with a folks news alert. breaking newings. witnesses say he stormed in a portland, oregon mall shouting i am the shooter. terrified shoppers tried to run for safety. the man wearing body armor and came flauge killed two people and seriously injured a third before taking his own life. many escaped and others hunkered down. the mall remains closed today and police have yet to release the name of the shooter although they know who he s. >> steve: shawn [-fls] shopping in the mall when they heard the gunshots and they join us live from portland. thank you for joining us. >> thank you for having
and steve moore from the "wall street journal" steve, seems like you are the guy that likes our ghost buster, fed buster guy. >> i was shocked by the decision. is this qe inifiti we're on right now? melissa: i don't know. >> we've had such a huge deluge of liquidity into the market. and the fed, a lot of people know this that the fed already owns about a trillion dollars worth of federal 30-year treasury securities on its book and it will now purchase 40 billion more a month. that is fancy way of saying what we're doing right now, melissa, we're monetizing our debt. melissa: yeah. >> treasury department is issuing the debt and federal reserve is purchasing the debt and purchases that debt by printing money. melissa: nariman, a lot of people expected before the announcement today they would say they're backing off. instead they said they will target the unemployment rate, you know as if this would give them license to go on morph longer. were you surprised and do you think it's a good idea? do you think steve is right that we're just monetizing debt? >> let's start off with, no we were not su
26 days away from the fiscal cliff. steve liesman joins us now live from the treasury. he has an exclusive interview with one of the key negotiators at the white house, secretary of treasury timothy geithner. >> maria, thank you. i'm here with the secretary of treasury at a crucial time. thank you for joining us. >> thank you. >> speaker boehner has put forward a proposal which "usa today" says demonstrates more political courage the democrats have shown. the white house is saying today it's not even wor ty -- worthy of a response. what are we missing? >> i think we are making progress. they acknowledged they were prepapered to do $800 billion in higher taxes on part of the american economy. that's part of the balanced framework. that's definitely progress. what we need to see is have them acknowledge the rates go up. if they're willing to accept that and commit to that, then we think we could do something good for the economy. we can make the government use the taxpayers' money more efficiently, lock in some spending savings and do some long-term entitlement reforms to make s
steve jobs was really bringing apple to the forefront -- >> a happening place. >> it is. it's where things happen. that's why we're here, steve rattner. >> washington is the place. with us on set, economic analyst steve rattner. also political editor and white house correspondent for the huffington post, sam stein. andrea mitchell. and in new york, msnbc contributor, mike barnicle. and the co-anchor of "street signs," brian sullivan. we've got a lot to talk about, mike barnicle, but i saw a headline on the front page of "usa today," a tease that is very intriguing, and that is one of the greatest players in major league baseball trying to get his worth right now. and if i were a major league team, i would pass on josh hamilton in a new york second because the guy phoned it in when his team needed him the most. there's an attitude problem. and yet he could be such a huge payoff. are the red sox looking at josh hamilton? >> i think any team that's looking at hamilton is looking at no longer than three years with him because of the things you just mentioned. >> he, of course, had an ad
? >> pelley: steve hartman proves that he does "on the road". >> merry christmas! captioning sponsored by cbs pelley. this is the "cbs evening news" with scott pelley. >> pelley: good evening. erspelley: good evening. when the supreme court alters ed icourse of the nation, names are etched in history. ralessy v. ferguson" endorsed inial segregation; "brown v. board of education" ended it in hat ation. today we learned that the next name to make civil rights history may be "hollingsworth v. willy." her court said it will hear the case which could decide whether same-sex couples have a constitutional right to marry. the case centers on a ban on 20me-sex marriage that was passed by california voters in 2008. john blackstone has our lead from san francisco. >> reporter: for five months in 2008, same-sex couples in california could marry legally. then voters passed proposition 8 banning same-sex marriage. when gay couples challenged prop 8, both the state supreme court and the federal ninth circuit court of appeals ruled that banning same-sex marriage is unconstitutional. many supporters of same-s
on the deal, we're joined by virgin atlantic ceo steve ridgeway. steve, welcome to the program, thank you for coming on. >> hello, good afternoon. melissa: how will customers and shareholders know the difference or notice the difference now that we are seeing this portion of the company over to delta, what will feel different? >> i think we are a very strong airline. we started the heritage. delta likewise. delta has a huge presence in the u.s. but putting operations and schedules together, we have to get a deal approved which is obviously delta buying singapore's stake. and then we would create a joint venture across the north atlantic with antitrust abuse. we can coordinate our schedules and make sure we can bring together a bigger network for our customers and potential customers to fly on. it is very positive news with two good airlines coming together. really offering more choices to consumers. melissa: what do you make in choice? how dull the pain 360 million. quite a difference, what do you make of that? >> i think yes, it certainly is. it is the reality of the world we live in. th
. and our steve leesman is one of the lucky few who gets a question and he joins us now from washington. this is really something that not a lot of people expected, steve. >> i think that's right, tyler. and it is absolutely historic. fed for the first time putting economic targets around its funds rate projections and first of all, the other news was that it did end -- it said it would end to replace that so that brings the monthly purchases of long-term assets to $85 billion. i want to show you some math. the current level of the math call it 2.8 trillion. add a trillion to that, you will be at 3.8 trillion if we do go at this pace for a full year here. the precrisis level is $800 billion. i want it put it another way, tyler. increase the balance sheet from '09 to '12 by a trillion dollars. we will do that in one year. aggressive policy from the fed. unaggressive as tyler mentioned the idea of using economic targets for funds rate. we know they were talking about it. we know there was support. we didn't think the federal reserve had unanimity enough to do this. only jeff lacker from r
: and we're also going to be talking with the ceo and president of choice hotels, this is steve joyce. steve is going to be talking about their expansion right here in the u.s. including a three-star, upscale hotel. they had been focusing on the lower scale hotels. will that hurt their brand, or might it increase it? we'll be asking him. liz: first, what drove the markets in today's data download. stocks closing higher after struggling for direction early on with the dow crossing the flat line 25 times. all three major indices did post gains. technology had to be, right? was one of the best performers along with consumer discretionary. today's top performing sectors, health care and utilities, well, they did lag. the number of americans filing new applications for unemployment benefits falling for a third straight week as we remind you, thises the number you want to see fall. hurricane sandy's impact continues to slowly but surely subside. we had weekly jobless claims dropping by 25,000 last week to a seasonally-adjusted 370,000. the week's prior total was revised upward to 395,000 fr
former treasury official and "morning joe" economic analyst, steve rattner. >> financier. >> rattner is here. i like -- and we have to go back to that. it's the truth. >> it is! >> money is money. >> in washington, msnbc and "time" senior political analyst, mark halperin. >> we saw him on the streets of d.c. yesterday, and he was very cagey. >> the mean streets of d.c. >> yes. he was so cagey. >> he was. >> yes. yes. >> you can't ever ask those guys what they're doing, wherever they are. where you going? with who? a meeting. >> auditioning for a gang is what i'm doing. >> right. >> yes, exactly. lots of luck with that one. >> should we get to the news? >> fantastic. boy, there's some stories here, unbelievable. >> in the least. >> you talk about libya. i tell you what, you've got assad about to cross that red line. he's going to see russia leaving quick. i think you'll see even troops going in there if he starts using chemical weapons against his own people. about to cross the line. egypt, morsi in trouble. the biggest revolt since mubarak was pushed out of power. "the new york times
'll be well behaved. >> sort of. >> i'm steve kornacki. i'm a resident party animal. you haven't seen the pictures of the 2002 massachusetts gubernatorial debate watch party. >> what? >> we stand corrected. it's always a party here in "the cycle." >>> developing news this hour. protesters rae main out of michigan's capitol building urging the governor not to sign right to work legislation and barring them from requiring workers to pay union dues as a condition of employment. the state house passed both bills today dealing with private and public sector unions. protesters were shouting "shame on you" from the gallery. michael moore said they're up to 15,000 people at the protest. state senate passed both bills last week and now michigan governor rick snyder says he'll sign them as early as tomorrow. nbc's ron mott is there. what's the latest? >> reporter: hey there, good day to you. i'm not sure about 15,000 number but there are still a lot of folks here. most of them have probably started making their away from the state capitol because the measures here to protest have come and gone.
guys happy. >> no. end the suspense for me and steve and crystal and alleviate trey's boredom and tell us how the story will end. >> i wish i knew the answer. my wife thinks i'm an optimist and thinks it's higher is serotonin. think about the politics and so many moving pieces. all this conversation now about the deals that we are talking about and the boundaries are so narrow and nowhere equal to what we need to do. we top the keep america solvent and the advanced government should do. we need to renew the country and we are not even close to talking about that. you can make it very pessimistic even for this higher is serotonin optimist that we are entering a bad period for the u.s. and unless our folks coming to and get their act together. >> a lot of energy and time devoted to an artificially created crisis. matt miller, thanks for joining us. next, have you sent your holiday cards yet? if not, you are not alone. why more americans are taking a pass on this tradition. you ever notice that some people just have a knack for giving the perfect gift? they put real thought into it. and f
, and rachel grady will be joining us. steve satich, ohio congressman, steve latourette, and ambassador nick burns are our guests this morning. it's thursday, december 6th, and "starting point" begins right now. >>> welcome, everybody. our starting point this morning, some major developments to tell you about in egypt, after angry protests against political moves by the president, mohamed morsi, have turned deadly. tanks, armored personnel vehicles, all stationed outside the presidential analysis cairo. not only are they guarding the palace, they're also keeping apart supporters and opponents of morsi. hundreds of his islamist supporters already taking to the streets in cairo this morning. opponents are gathering not very far away. last night the two sides clashed right outside the palace. the violence killed at least five people. hundreds of other people were injured. opponents are demanding that morsi dial back on those sweeping powers that he has granted himself. cnn's reza sayah is live for us in cairo this morning. what's the latest? >> reporter: soledad, we're getting the first signs t
reporting. >>> now, this morning's first look at your "dish of scrambled politics." comedian steve colbert of south carolina is ready to replace senator jim demint. oh, are you, now? his publicist in an e-mail saying "stephen is honored by the ground swell of support from the palmetto state and looks forward to governor haley's called." >>> some conservatives are having emotional debates over the fiscal cliff negotiations. the arguments for higher taxes for the wealthy are getting very tense. ann coulter even tried a reality check on sean hannity. >> are you saying, then, for pr purposes, that they should give in to obama on the tax rate? >> not exactly. well, yeah, i guess i am, but -- >> you're saying capitulate to obama, who -- we don't have a revenue problem, ann. >> we lost the election, sean. >>> meanwhile, the house of representatives passed legislation yesterday removing the word lunatic from all federal laws. it's the latest move by congress to remove language seen as demeaning or out of date, like lunatic. >>> and in australia, prime minister julia gillard talked about the suppos
. we'll hear from both of them. >> a mom and a woman in an accident. >>> and ashton kutcher has steve jobs. we have the first official picture from the set of the much anticipated movie. take a look at it right there. they look-alike, don't they? when you put those pictures side by side it's pretty amazing. we'll have the full story coming up. welcome back to "early start." i'm zoraida sambolin. >> and i'm christine romans in for john berman. there are new faces of the republican party, florida senator marco rubio and congressman paul ryan of wisconsin appearing together last night at the jack kemp foundation awards dinner in washington, trying to rebrand themselves and their party after a bruising setback in november. cnn political editor paul steinhauser live from washington this morning. paul ryan got hammered during the election. is he dialing back the rhetoric now? >> this was ryan's first speech since the election. both he and rubio seemed to be talking about how the republican party needs to be a party that's more inclusive, helping those in the lower associatio economic levels
of voter latino and steve kornacki is my colleague and a senior writer for the salon.com. john, the president's inauguration hasn't taken place yet and the political pun dut tri sauf and running with a premat touour nomination for je bush. if he's a brilliant candidate four years from now, why didn't he run this time? >> why didn't he run? >> yes. >> why didn't portman run? why didn't john kasich run? even in 2012 and as difficult as the situation was for president obama, those heavyweights within the republican party saw the writing on the wall, that it was going to be a very difficult race for even the best candidate, so they all held their fire for possibly 2016, so that's why you're seeing people talk about jeb bush and others. i left chris christie out of that mix as someone people were hoping would run, a strong candidate who would run in '12. that's why you're hearing the names come out now. jo ama >> amazing. newt gingrich, a man who knows a thing or two about the ladies, says hillary clinton would be close to unbeatable if she close to run. do you think we're looking a
a deal. steve liesman with results of our cnbc fed survey. what are they saying? >> sue, i'm afraid it's not good news. our survey, they think the probability of recession is going up. most of that is because of fiscal cliff. can you see here the current probability, 28.5% we'll have a recession in the next 12 months. we had a low in march of almost 20%. that compares with a high. remember the debt ceiling debate of 36%. that chance going up. i want to show you in detail what dan greenhouse wrote in with his response in the survey. if the cliff is triggered and the cuts/tax increases remain in place for several weeks or worse, several months, it's hard to construct a scenario where the u.s. economy is not in recession. this is what's interesting here. recovering from that recession is not as simple as fixing the cliff's issues. the u.s. economy is not a light switch. you don't turn it back on. so the question, will we go over the cliff? on the first, looks like no, we won't go over. we'll avoid it. 41% say, yes, we'll go over, 46% say we won't. look at this, 13% don't know. we talk abo
>> steve: thanks very much for joining us on this thursday. tomorrow, friday, that means geraldo rivera drops by. >> gretchen: he will. and we're going to have more with the cast from "a christmas story" in our after the show show. we can hardly wait. >> brian: you just finding this out for the first time? >> steve: who needs broadway when you got fox friends friends. see you tomorrow, everybody. bill: the syrian government confirming it's getting its chemical weapons ready and may use it. the assad regime prepared the nerve gas sarin and loaded it. martha: i'm martha maccallum. president obama is warning assad that the whole world is watching his actions very closely, and if he were to use chemical weapons on his own people, it would clearly have large consequences for him. bill: secretary of state hillary clinton called an emergency meeting with the pentagon. >> the pentagon has contingency plans for everything including the chemical attack. it's believed according to a u.s. source that syria has put this sarin fast into cannisters that could be dropped from planes. these canni
. feels like membership. >>> good morning from new york. i'm steve in for chris hayes who will appear later in the program interviewing dan savage. it's about dan's marriage in washington state. they are one of the couples getting married there. after voters extended marriage rights to same-sex couples by popular vote last month. we have david johnston, the author of "fine print." he's a pulitzer prize winning tax writer at new york times and now at the college of law. we have the president and ceo of the center of american progress who served in the obama and clinton administrations, policy director of hillary clinton's campaign. laura flanders, founder of grittv.com. the editor of salon.com and the woman who hired me two years ago. thanks, as always for that. >> of course. >> anyway, on friday afternoon, house speaker john boehner attempted to paint a picture of white house negotiations and how to avoid going over the fiscal curve. i have been saying fiscal slope. now on the show, i'll go with curve. >> this isn't a progress report because there's no progress to report. four days ag
-sex marriage at the ballot box. joining us now to discuss is steve, chair of the gay and lesbian victory fund. great to have you. >> nice to be here, alex. s. >> so a lot of tea leaf read and arm chair prognostication around this. i am by no means a supreme court expert, but when i saw that they were taking up both doma and prop 8, question as to whether they would take up inform i them at all, it seemed to me a signal that the court was ready to make a big decision, and i just cannot imagine, especially when you have conservatives like john roberts, who maybe sort of a fiscal conservative and vote in support of something like citizens united, but socially does not seem to be as conservative as, say, scalia. that they would be looking at the ark of history and say they are ready to make this law of the land. your intripgs now three days after they announced? are you feeling bullish or bearish? i asked you this on friday. i ask again. >> i'll bullish. i think the court wants to get in front of history and behind it. it is so clear where the country is moving. there is a poll this morning that
everything for me as a singer, as an actor, to pull it off. it's the role of a lifetime. >> i'm steve kroft. >> i'm leslie stahl. >> i'm morley safer. >> i'm lara logan. >> i'm byron pitts. >> i'm scott pelley. those stories tonight on "60 minutes." ♪ [ male announcer ] campbell's green bean casserole. it's amazing what soup can do i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness from psoriatic arthritis hit, even the smallest things became difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain, stiffness, and stop joint damage. because enbrel, etanercept, suppresses your immune system, it may lower your ability to fight infections. serious, sometimes fatal events including infections, tuberculosis, lymphoma, other cancers, and nervous system and blood disorders have occurred. before starting enbrel, your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. don't start enbrel if you h
but some conservatives, ohio congressman steve latourette, has argued giving the president what he wants and reducing the debt by $4 or $5 billion. >> it depend wlats what the pac is. this is an administration that has 1 trillion plus deficits for each four years. >> one part of that that republicans have talked about, that 2%, and whether you're going to protect tax break force them. steve latourette said some people who call me, they're more worried about the fiscal cliff than about rates going up a couple of points. thomas rooney in your party, if there is truly entitlement reforms that's going to preserve social security and medicare for generations to come, it's going to be very difficult for me to oppose higher rates for the rich. what about that? >> and to mr. rooney's point, if in fact there were fundamental, significant reform of medicare, medicaid and social security so that we in fact save and strengthen and secure those programs, just like we did in our budget,those were included in the president's proposal, then that's something that we would talk about and very seriously co
. >> joining me now is steve and republican strategist and form are campaign manager for huckabee, jim saltsman. >> hello. >> pmr. demint has been trying o leverage his position as the tea party's uncompromising man in the gop and that his effort has failed or stalled. >> i don't think i agree with "the washington post" at all. i think he's had a great impact across the country and i think the move to the heritage makes a lot of sense to him personally. he always said he was going to be a two-term senator. had he a term less. he left early. he wasn't going to be a career politician. i think this makes a lot of sense for senator demint in a lot of ways and i think it's good for the conservative movement. >> he has supported candidates against more moderate republicans in primaries and then his candidate lost in the general election, including obviously richard mourdock in indiana, christine o'donnell, ken buck in colorado. what do you think is going to be the influence now for jim demint going into the heritage foundation? >> i think he's been a singular failure when you look at the candidates t
.s., but there could be some questions about china, remember that report from steve milanovich? he said apple needs to come up within some real innovations, you need to have some clarity on the pipeline, and you need geographic -- clearance to go into china? yes, it got it with two of the smaller carriers. china confirms talks with apple. but the problem here, he says tech is not an issue, it's mainly about the business model and benefit sharing issues. that could be a problem. >> he is also playing the part of what many analysts are doing, which is let me explain why it's going down, in the same way that the death cross, i always love the death cross, this is a technical term. i can think of a million reasons to sell it. the only reason i want to own it is because it makes the best products in the world and it's inexpensive. >> that's a lot of people looking at the chart. >> look again, the people who own apple, they were the ones who owned it because it was going up. it reminds me very much in 1999, what do i do with my nortel, it's at 110. in the meantime, roth, the ceo gives a session, an off t
to build sand walls as high as 22 feet. but some critics, including steve ellis of taxpayers for common sense, call it a beach bailout. >> what we need do is actually reorient the funding so that the majority of the cost is picked up by the localities rather than the federal taxpayer and when you look at sea level rise, we are in a situation where we're not going to be able to hold back the ocean with just sand anymore. >> sandy was ferocious. >> reporter: jeff davis agreed with neighbors who opposed the dunes because they restrict beach access and blocked views. what he sees today has changed his mind. >> can i put that crow down that i'm eating? ( laughs ) >> reporter: president obama has requested that congress allocate $60 million for hurricane sandy aid-- an unspecified amount will go toward rebuilding protective dunes washed away by sandy. seth doane, cbs news, long beach island, new jersey. >> pelley: there was an unusual murder yesterday in a high-rent section of new york city in broad daylight in front of hundreds of witnesses. investigators say it looks like a professional hit
activists on the ground say that situation is getting very ugly again. steve harrigan is live from cairo. reporter: megyn, these are some of the worst clashes that we have seen so far in the protest. in the past, it has been pleased battling the protesters. right now it is protester versus protester. those who support the government, and those who want power that are doing battle with each other. those in front of the presidential palace. again with pushing members of the muslim brotherhood, trying to tear down tents that were set up last night by anti-mohammed morsi protesters. gasoline bombs and two people have been killed. certainly the most violent thing we have seen so far. it is something that the government has tried to avoid, trying to keep the two sides apart after the anti-mohammed morsi wrote test last night. the muslim brotherhood posted on social media to clear out the protesters. so we really have one political party battling another civilian, versus civilian, right in front of the presidential palace. megyn: steve harrigan, thank you. images of the man's final moments aliv
for the first time? >> steve: who needs broadway when you got fox friends friends. see you tomorrow, everybody. bill: the syrian government confirming it's getting its chemical weapons ready and may use it. the assad regime prepared the nerve gas sarin and loaded it. martha: i'm martha maccallum. president obama is warning assad that the whole world is watching his actions very closely, and if he were to use chemical weapons on his own people, it would clearly have large consequences for him. bill: secretary of state hillary clinton called an emergency meeting with the pentagon. >> the pentagon has contingency plans for everything including the chemical attack. it's believed according to a u.s. source that syria has put this sarin fast into cannisters that could be dropped from planes. these cannisters are designed to fracture so the devastating nerve gas could escape. but it's not known whether syria intends to use those chemical weapons. we think we have it in aerosol form. the u.s. is making contingency plans in case bashar al-asaad leaves the country suddenly and flees somewhere for asylum
. in early 2011, steve jobs was asked if he would bring back jobs from klechina. he says those jobs are not coming back. hold on, under tim cook, there could be some. and apple, bringing back-- spending 100 million to bring some mac here, i say it's a total drop in the bucket. >> it's a broader narrative of manufacturing leaving china and it's not just apple. and lenovo, china's largest pc maker, says it's bringing some production to the north carolina facility and ge, for instance, is bringing a lot of production back from china, small and medium sized manufacturers are doing this. go to wal-mart and look at the house brand george, all of it's made in bangladesh, used to be in china. stuart: why is manufacturing-- for years we've said china is the manufacturing center piece of the planet. why is it leaving? >> there are so many reasons. first of all, wage rates are going up much fraster than product ticht and labor peaked political risk is not a factor and now it is, china is trying to use geopolitical leverage and risk of intellectual property loss and china is no longer advantage
. >> congressman steve from new york and chairman of the democratic congressional campaign committee. good afternoon, sir. >> hi, martin. >> congressman, notwithstanding the fact that speaker boehner's office is considered mathematically dyslexic by many economists, has it surprised you some republicans have actually condemned boehner's office and would much prefer to keep taxes as they are and take an axe to social programs, medicare, in order to reduce the deficit? >> what's to surprising about that? for so many republicans, they said in the 1990s they wanted medicare to wither on the vine. you know, they now think they have the opportunity to do it in 2012. speaker boehner's proposal is based on the mathematical equation, two plus two equals whatever you want it to be. that's not how you grow the middle class. you do it in a balanced way. let's reduce the deficit we've already supported, $2 trillion in spending cuts, but let's do it in a way by asking the richest 2% to do their fair and grow the economy by making smart investments and things like job creating infrastructure. that's wha
certainly does. >> donald trump, mark cuban. >> mark cuban did. and our good friend steve rattner. >> rattner. >> helped put us over the million-dollar mark. >> did you bring your check? >> unicef. i've got my check. >> good. i tried to remind you. we are working to find a cure for epilepsy. we hope the contributions will help, and $1 million will make a big difference. >> let's talk about -- we have the man of the moment here with us. to talk about today's headlines. let's start -- there's so much to talk about, but richard, let's start in egypt. absolutely fascinating. i think a lot of people across the world were so heartened by the democratic, we thought, perhaps uprising that was going on in egypt. certainly we all knew to overthrow a dictator of 30 years, even if he was an american ally. and now you have mohamed morsi behaving like a, well, a dictator. and he's now got roughly 39, 40 political parties in egypt rising up against him. it is a mess. >> what you're seeing in places like egypt is the difference between democracy and majoritarianism. winning elections is the easy
] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the mke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. david: what a strange day. some are way up, some are way down. shares of verifone systems are getting a boost. nicole with more on that. nicole: some stocks jumping, this is a day that verifone is jumping. take a look at the stock right now, a gain of 7.5%. an upgrade from a neutral setting the emerging competition that everybody is worried about is overdone. his growth story is impacted. when they get lake square for example, they are not worried about them at all. with the story they have a price target of $39, which obviously has upside potential closing around 32.5. david: very good to see you. liz: president obama met with ceos head of the looming deadline for t
we stumbled upon this story. >>> up next, steve and i have gotten a lot of feedback on our debate over gun control monday. his response to your responses is next. wasn't my daughter's black bean soup spectacular? [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male announcer ] antacids don't relieve gas. gas-x is designed to relieve gas. gas-x. the gas xperts. gas-x is designed to relieve gas. social security are just numbers thinkin a budget.d... well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. >>> we got a lot of feedback for something i said in the show, so much i thought i should respond to it. the subject was guns and domestic violence and here's what i said. >> in a house with a gun
about the economy these days and the post-steve jobs era. >> even around christmastime when the products are popular as gifts. >> you think retail sales would translate well because there's so many other issues there besides how much they sell in the store. >> it's interesting. we'll see what happens with this case and if it has an impact of consumers that own these products. thank you very much. >>> marijuana is now legal under washington state law. that tops our look at stories around the "news nation." take a look. that's how they celebrated in washington state. the news came down after midnight as you know at the seattle center. it allows people to possess up to an ounce of pot, but they cannot smoke it in public. that looks like public to me. the police department will issue verbal warnings to violators. that explains the public video. lawyers for software company founder john mcafee sought guatemala denied his asylum. they detained him for entering the country illegally. he's wanted for questioning in connection with the murder of his neighbor. he denies any involvement and will li
to be able to compete around the world. >> and then larry, later in the afternoon, our steve leishman sat down with treasury secretary tim geithner. geithner in that interview late in the afternoon made it clear that this is brinksmanship of the highest order. >> i want to understand the administration's position when it comes to raising taxes on the wealthy. those making more than $250,000. if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect for an agreement that doesn't involve those rates going up on the top 2% of the wealthy. it's only 2%. >> reporter: of course, up on capitol hill, republicans don't necessarily agree with that. speaker of the house john boehner said today that he is still waiting for a counterproposal now from the president of the united states. and we learned late this afternoon that in fact speaker boehner and president obama had a phone call today. we don't know, however, what was said in that call. but reports are that some progress is being made in these negotiations. at least co
at citi.com/pricerewind. >>> over his five decade career, photographer steve shapiro has photographed everything from presidents to poodles and he's hinds classic photos of rock stars, film stars, and migrant workers and the selma march. we have some never before published photos. >> thank you. >> it's called "then and now." a real theme of juxtaposition. not only timewise, but the images you take. i want to start with the first one. kind of jarring. two little girls, which i think is in the selma march in alabama, 1965, juxtaposed with two little girls in chicago at american girl place. why is this so interesting to you? you set them up on the page that way. >> because it's two different styles in america. two different areas of america, and always interested me to capture all of the different elements that make up our country. the two girls are watching the selma march, come into montgomery, alabama, and the little girls just bought these dolls at an expensive store in chicago. it's just -- it's a different look at things. >> you like to do class structure, and i think especially in
. ♪ [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. connell: unions take a hit with this new right to work law. we also have stubhub president, not. the problem is, pick teams like the yankees and the cubs opting out. more revenue, or taxes, we are hearing a lot about what the president wants with a new deal. neil cavuto
on taxes and what not. >> eric: the reality is, we have a spending problem, steve. how much money we're actually taxing, tax revenues are going up. >> they have to. >> eric: it's a spending issue. if we're putting a trillion dollars into the deficit you can't fix that with taxes. >> no, you sure can't. eric, when i first came to washington, which was about 25 years ago, we barely had a trillion dollar budget and here we are, 25 years later and we're closing in on a 4 trillion dollar budget and that under democrats and republicans as well and there haven't been serious cuts in spending in this town in at least 10 or 15 years and i'm kind of frustrated that neither party is really serious about getting these spending programs under control. i mean, we have been-- you look at entitlement programs and president obama and a lot of democrats say we can't cut medicare, social security, medicaid. and that's half the budget there. of course, we're spending 600, 700 billion dollars a year just to pay the interest on the debt. just on the interest. so you don't get any return on that. one last
by american banker and called the next steve jobs. we'll get to the bottom of that. the ceo joins us now. >> thanks for having me. >> since the last time i've seen you you've been on the cover of forbes as innovator of the year. >> i walked by the news stand and you were just getting square underway the last, right before we saw you last time on the show. and the things have changed dramatically. air now being called the innovator of the year and compared to steve jobs for your innovation. tell me how square is changing the face of american business? >> we start with a simple idea which was, you know, my parents were entrepreneurs. they started up local businesses and my father started a pizza restaurants when he was a kid and my mother the coffee store and they face the challenges just starting up. and also accepting patients extremely challenges, so we made it easy for any small business or neighborhood place it instantly accept credit cards by giving them a free credit card reader and accept credit cards for 2.75% and we signed up over 3 million merchants. >> i have to say when i went
create strong, vibrant middle class. >> yeah. >> we talked to steve rattner about jobs coming back to america at 14, 15, $16 an hour. we don't celebrate that. i'm glad they're here instead of china, but heck. if we had an economy that would support $30-an-hour jobs, i'd be for that. better than a ceo. you know, destroying a company and then getting a $200 million payout. but that said, what is wrong with a state allowing an american to work where he or she wants to work without having to be compelled to pay union dues? >> well, this state, michigan, was such a part of the core of unionism in this country, the foundation of the united automobile workers which at one point had over 1 million workers in its enrollment is now down to roughly maybe 350,000 workers. the united automobile workers, everybody can own a car in america. the history of unionism has been inextricably linked to the growth of the middle class, as you know, over the last 60 years of american history. the right-to-work legislation that has passed now in 24 states, i don't think you can dem demonstrably prove that i
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